Brookfield Acquires Industrial Property In Bronx For $27.9M

A 111,546 square feet industrial property located at 845 East 136th Street in the Bronx has been sold for $27,900,000. The property is zoned as M3-1 and has a building square footage of 88,121. The price per square foot for the transaction is $316, while the price per buildable square foot is $250. The previous sale price for this property was $19,086,600 in August 2017.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $27,900,000
• Address: 845 East 136th Street
• Market: Bronx
• Zoning: M3-1
• Building Square Footage: 88,121
• Price per Square Foot: $316
• Price per Buildable Square Foot: $250

The buyer of the property is Brookfield, while the sellers are AEW and MRP Realty. The deal was facilitated by the brokers Andrew Scandalios, Tyler Peck, Rob Kossar, and Karl Brumback from JLL.